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October 2010

Pret d’Union, an Issy les Moulineaux, France-based company that is developing a Consumer-to-Consumer (C2C), Peer-to-Peer (P2P) lending platform, recently closed a start up financing of undisclosed amount. Backers include Kima Ventures. The new funds are being used to conduct regulatory proceedings, establish the team, design the platform and prepare for the commercial launch, which is […]

Nomadesk, a Ghent, Belgium-based developer of cloud storage and file sharing software, closed a $7m (approximately €5m) series B financing round. Investors include new backer BAMS Angel Fund and existing shareholder Gimv. The company will use the funds to accelerate the growth of its indirect business and further internationalize its team, especially in North America. […]

SeeMy, a France-based cloud computing company specializing in Entreprise 2.0, recently completed its first round of funding of undisclosed amount from Bamboo. The funds will be used to expand the company’s commercial efforts and to further develop its platform. Founded in 2007, SeeMy has build an enterprise social network designed to facilitate team member communication. […]

Hydro4GE, Inc., a Scranton, PA-based provider of a Platform-as-a-Service (PaaS) that offers the ability to develop highly complex and adaptable software systems using an online environment, has raised $35,000 from The Ben Franklin Technology Partners of Northeastern Pennsylvania (BFTP/NEP). The company will use the funds to complete product beta testing, licensing documentation, and branding necessary […]

Carwego.com, an Aix en Provence, France-based company that operates a car comparison web site, has closed its first funding round of undisclosed amount. The funds were provided by Kima Ventures, the investment fund created by Jeremie Berrebi (Net2one, Zlio) and Xavier Niel (Iliad Free). The company will use the funds to develop the platform, which […]

Alelion Batteries AB, a Nödinge, Sweden-based small-scale energy storage company, has raised €2m in funding from IKEA GreenTech AB, the investment arm of IKEA Group. The funds will enable the company to develop energy storage devices, which may be used for alternative energy solutions and lighting. Last July, Alelion received investment from Fouriertransform AB (FTAB) […]

Virtual Incision Corporation, a Lincoln, Nebraska-based developer of “in vivo” robots for use in single incision laparoscopic surgery, has completed a $2m Series A financing. The round was led by PrairieGold Venture Partners and Bluestem Capital. The proceeds from the financing will be used to develop advanced prototypes of the company’s robotic surgical platform. Virtual […]

peerTransfer, a Boston, MA-based provider of online international money transfer and global payments, has secured a financing of undisclosed amount. The round was led by Spark Capital, with participation from Dave McClure, John Landry, Jim Hornthal, Ken Morse, Roy Rodenstein, Project 11 Ventures, Marek Fodor, Pablo Carrallo and Raul Aznar. Founded at MIT, peerTransfer is […]

OkBuy.com, a China-based on line footwear retailer, has raised $17m in second round of financing. Investors include Intel Capital and Draper Fisher Jurvetson (DFJ). Sequoia Capital China, which participated in the first round of funding, also participated. The company, which is opening an office in Beijing, was founded by Lu Ming in 2007. The capital […]

Nymgo, a UK and Lebanon-based provider of VOIP services, has received an investment of undisclosed amount from Intel Capital, Intel Corporation’s global investment organization. Operating in over 200 countries worldwide, since creation in December 2008 Nymgo has served over 300 million minutes of international calls generated by its global customer base. The company will use […]

Jeeran, a Jordan-based company that is developing a web community platform, has received an investment of undisclosed amount from Intel Capital, Intel Corporation’s global investment organization. Jeeran aims to introduce an innovative approach in the social networking industry by providing Arab users with the tools and creative means to communicate and interact (self-created videos, photos, […]

Polish Enterprise Fund VI, a private equity fund managed by Enterprise Investors (EI), has signed an agreement under which it will acquire a significant minority stake in X-Trade Brokers, a global brokerage house. This €57m transaction will be finalized following approvals by the Polish Office for Competition and Consumer Protection as well as the Polish […]

Netz Capital, a Navi Mumbai, India-based venture capital fund and advisory, will invest over $100m in the next 2 years in various emerging infrastructure companies. Netz Capital, which is focused on real estate and infrastructure backed business models supported by technology, will invest in companies that build roads, bridges, sea ports, airports, SEZs, large townships […]

Carbonflow Corp., a San Francisco, CA-based provider of Software-as-a-Service (SaaS) applications for managing carbon reduction projects under the Kyoto Protocol’s Clean Development Mechanism and regional, state, and voluntary programs, has closed a $4.2m Series B round of venture funding. The round was led by OVP Venture Partners, with participation from @Ventures and Clean Pacific Ventures. […]